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Showing 1 - 10 of 100+ results for "Eurozone"

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
... 4.3% this year (from 3.6% its predicted in December 2020) and 4.4% in 2022 (from 3.3%). Although still in contraction, Eurozone GDP growth has improved to negative 1.3% in the year to the March 2021 quarter from negative 4.7% in the previous quarter. ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
... beats the US's 0.4% GDP expansion over the same one-year period, and far and away from economic contractions in the Eurozone (-1.8%), Japan (-1.8), and the United Kingdom (-6.1%). There'll always be dissenters but, for me, the Morrison government ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
... to a record high reading with both the manufacturing and services sectors soaring to their highest readings ever. The Eurozone Composite Output Index jumped to a 39-month high with the services sector up to its highest reading in 39 months and while ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
The Eurozone is back - back in recession, that is, dragged down into a double-dip by the coronavirus -- its resurgence (third time unlucky), its variants and the slow pace of vaccinations. Preliminary estimates released by Eurostat show the single-currency ...

Chief economist update: Tomorrow never dies

BENJAMIN ONG  |  MONDAY, 26 APR 2021
... the manufacturing (60.6) and services sectors (63.1) ramping up to their highest levels on record. The IHS Markit flash Eurozone Composite PMI increased to a nine-month high reading of 53.7 in April (from 53.2 in March). The region's manufacturing ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
Just like the myth of Europa, Eurozone equities are riding on the back of a bull. Eurozone equities soared to their highest levels in 13 years. The VStoxx index - the Eurozone's fear gauge dropped to 13-month lows. Lucky 13. The Euro Stoxx-50 index ...

Chief economist update: BOJ has no plans to ease easing

BENJAMIN ONG  |  TUESDAY, 30 MAR 2021
... "Interim Outlook Forecasts" has Japan's GDP growing by 2.7% this year. This compares with 6.5% for the US; 3.9% for the Eurozone; and 5.1% for the UK.

Chief economist update: Hot flashes

BENJAMIN ONG  |  THURSDAY, 25 MAR 2021
... derived from the flash estimates of the IHS Markit Purchasing Managers' Index (PMI) surveys conducted for the US, the Eurozone, the UK and Japan. The PMI is based on monthly surveys of carefully selected companies, using the same methodology in all ...

Chief economist update: ECB gives PEPP talk

BENJAMIN ONG  |  FRIDAY, 12 MAR 2021
It's not what the European Central Bank (ECB) did at its March governing council meeting - keeping monetary policy settings unchanged - but its PEPP (pandemic emergency purchase programme) talk that sent the Euro Stoxx-50 index on the up and up. ...

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
... with the US' -3.5%. It's not only against the US but the Australian economy has receded less than its peers. Eurozone GDP dropped by 6.8% in 2020; the UK by 9.9% and Japan by 4.8%. Not only has the domestic economy shrunk by less but the OECD ...
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